Earlier quoted context omitted.
the lack of strict regulations is one of the reasons start-up businesses flourish in the US. Although I am pro-regulation in some issues, I think that European style pain-in-the-ass regulations only hinder technological advancement. Would UBER ever be successful in Europe? Nope.
...uber is successful in Europe. There are cities that banned it, but there are as many that didn't. Conversely, Uber is not very successful in South-East Asia, but not for the abundance of regulation but for the lack of it - Grab, a local copy-paste of Uber, has become so dominant that Uber had to leave most of the markets there
In Germany, it is still not possible to take an Uber ride, for example. Besides, if it started in Europe as a small start-up it would be killed right away with tons of regulations anyways. So the only reason that you have Uber in Europe is that it has become a giant company in the US, due fertile environment, and thus could afford all these legal battles to enter the market.
South-East Asia is a different story. It has nothing to do with regulations at all. It is just a completely different mindset there. The fact is though, businesses in those countries can easily flourish as well.